ExxonMobil doubles down on fossil fuels with $59.5B deal
ExxonMobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion―its largest buyout since acquiring Mobil two decades ago―creating a colossal...
Port of South Louisiana, HOST present vision for Avondale Global Gateway Development
As the Port of South Louisiana (PortSL) and HOST move forward with the sale of Avondale Global Gateway and their joint efforts to further...
Port of South Louisiana in final talks to buy Avondale; officials tight-lipped on price
The Port of South Louisiana said last week that it has completed its due diligence and is in final negotiations with T. Parker Host...
K&B expands advanced manufacturing division with Houma acquisition
K&B Industries plans to expand its advanced manufacturing division by establishing a new production base in Houma, reports Area Development. The $12 million project is...
Port of South Louisiana to renegotiate price for Avondale after studies on ‘feasibility’
The Port of South Louisiana will return to the negotiating table over its proposed purchase of the Avondale Global Gateway, a sign that the controversial...
ExxonMobil’s hunt for a fracking acquisition signals industry shift in the oil patch
ExxonMobil’s hunt for a blockbuster deal in U.S. shale could kick off a bonanza of deal-making in the oil patch as drillers look to...
Bunge to acquire Fuji Oil refinery at Avondale Terminal
Bunge, a global leader in agribusiness, food and ingredients, announced that it has entered into a purchase agreement with Fuji Oil New Orleans LLC...
CF Industries to pay $1.7 billion for IPL’s Waggaman plant
CF Industries Holdings Inc. announced Monday that it has signed a definitive purchase agreement with Incitec Pivot Limited for IPL’s ammonia production complex in...
Danos acquires Wood offshore labor supply
Louisiana-based energy services company Danos last week finalized its acquisition of Wood’s offshore labor supply operations in the Gulf of Mexico.
This is Danos’ fourth...
Jefferson Parish Council unanimously supports Avondale acquisition
The Jefferson Parish Council announced last week that it had unanimously passed a resolution calling on the State Bond Commission to support a bond...
